manufacturing purchasing managers surveys

Dollar Falling on First Business Day of 2018

January 2, 2018

The start of a new calendar year finds the dollar picking up where 2017 ended with a slip-sliding trend. Overnight losses amount to 0.5% against the euro, 0.6% relative to the Mexican peso, 0.4% versus the yen, kiwi, and sterling, 0.3% vis-a-vis the Swiss franc and Aussie dollar, 0.2% against the yuan and 0.1% relative […] More

Japan’s Tankan, Many PMI Readings and More Protests in Hong Kong

October 1, 2014

The dollar extended its impressive rally, climbing 0.6% against the Australian dollar, 0.4% versus the Swiss franc, 0.3% relative to the euro, 0.2% vis-a-vis the yen, and 0.1% against the kiwi and sterling.  The dollar touched new lows for the move of JPY 110.10 and CAD 1.1225. With Hong Kong street mobs in their sixth […] More

U.S.-Minus-Ezone Factory PMI Spread Remained Small in May

June 2, 2014

The manufacturing purchasing managers survey between the United States and the euro area, +1.0, was 0.5 points narrower in May than April and the fourth straight month of 1.5 points or less.  The U.S. PMI fell 1.7 points to a three-month low of 53.2.  The drop was led by jobs, down 2.8 points, and a […] More

America’s Manufacturing Advantage against Euroland Widened Last Month

January 3, 2012

The pace of expansion in U.S. manufacturing activity strengthened in December to an 8-month high.  The purchasing managers index advanced 1.2 points to 53.9, 3.9 points above the break-even line of 50. Every reading since August 2009 has exceeded that threshold.   In the euro area, by comparison, December saw a sub-50 PMI reading for a […] More